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Gina owns 100 shares of XYZ common stock with a $12,000 basis and a $25,000 FMV. She receives 100 st ock rights with a total
Gina owns 100 shares of XYZ common stock with a $12,000 basis and a $25,000 FMV. She receives 100 stock rights with a total FMV of$15,000. What is the basis of the 100 shares of stock ?
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